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For Love & Money is a weekly Business Insider column answering relationship and money questions. Write to For Love & Money using this Google form. With the right travel rewards credit card, you can earn points that can go towards your next big trip. If you pay off bills with a portion of your inheritance, use your travel card to do it and earn those sign-on bonuses. Then, once you've reached your destination, use your card for all your purchases and allow your travel now to pay for your travel later.
Persons: , Smart, Justin Rush, Rush, Mona Lisa, you've, it's, That's, doesn't Organizations: Service, TED, Facebook Locations: Tanzania, Fiji
I stopped spending money on things that weren't of value to me." Side hustles and investing in retirement can boost one's savingsOver the past decade, Grumet has padded his savings through various income streams. In addition to hospice work, he's also tried side hustles that include medical expert work, nursing home medical directing, medical blogging, and several forms of consulting. While the extra income has helped boost his savings, Grumet said investing much of this income into the stock market — and seeing strong investment returns — is what's allowed his finances to truly blossom. Grumet said his retirement goal was to have at least 25 times his total annual spending in savings — he's already met this milestone.
Persons: , Jordan Grumet, Grumet, who's, he's Organizations: Service, Business, BI, FIRE Locations: Illinois
Hong Kong/London CNN —Japanese stocks on Monday suffered their biggest daily loss since 1987 as fears about a US economic slowdown sent shock waves through global markets. The Nikkei 225 index of leading stocks in Tokyo lost a staggering 4,451 points, its biggest point drop in history. On the more common, percentage measure, the index closed more than 12% down — according to Reuters, its largest one-day fall since October 1987. He was referring to “Black Monday” in October 1987, when global markets plunged and the Nikkei lost 3,836 points. The Nikkei closed down 5.8% Friday, as traders fretted about the impact of a stronger yen on Japanese companies.
Persons: ” Neil Newman, , Stephen Innes, Newman, Mohit Kumar, Taiwan’s Taiex, Kospi, Innes, Tom Kloza, Bitcoin Organizations: London CNN, Reuters, Advisory, CNN, Nikkei, Federal Reserve, Bank of Japan, Management, Trading, Nasdaq, Dow, Jefferies, Traders, greenback, PMI, Intel, Brent, Oil Price Information Service Locations: Hong Kong, London, Tokyo, Japan, South Korea, , Asia, Europe, South, Shanghai, China, United States
That change in pay and benefits underscores the changing job outlook for the millions of American teen workers following the pandemic-induced labor crunch. Despite those efforts, she's at times seen teen employees leave for higher pay at chain rivals like Starbucks . 'The summer job is back'Whether it's a raise or financial support for education, these boons appear to be luring teens to the workforce. "The summer job is back," said Alicia Sasser Modestino, an associate professor of economics who studies youth development at Northeastern University. Gusto expects sports and recreation; education; and food and beverage to be popular summer job sectors for this age bracket.
Persons: Spencer Platt, Dailey Jogan, Jogan, Liz Wilke, Chipotle, Daniel Banks, Justin Sullivan, Banks, Erin Powell's, Powell, she's, Alicia Sasser Modestino, Gusto's Wilke, Wilke, today's, Olivia Locarno Organizations: Getty, Detroit, Employers, Grill, Northeastern University, Starbucks, Marist College, Amazon Locations: Coney, Brooklyn, New York City, California, San Rafael , California, Minnesota, New Jersey
Buying a car, notching his first five-figure month, and partnering with a friend to bring the business onlineAfter a year of school, Shaidle restarted his cleaning business in June 2022. AdvertisementAran Giffen joined the Shaidle Cleaning team in 2023. He and Giffen spent their second year at university planning for what they expected to be a busy 2024 season for Shaidle Cleaning. Shaidle Cleaning is completely student-operated. Giffen, who's on a full university scholarship for accounting, isn't technically under contract as a Shaidle Cleaning employee.
Persons: Jacob Shaidle, Shaidle, , that's, Aran Giffen, He'd, didn't, Jake, Giffen, they've, you've, who's, I'd Organizations: Service, Business, Home, University of British, UBC, Hamilton Spectator, Shaidle Locations: Hamilton, Canadian, Ontario, University of British Columbia, Canada
During the pandemic, they moved to Colorado Springs, where they opened the city's first gay cocktail bar, ICONS. Josh: I was born and raised in Colorado Springs, but I moved to New York at the age of 22. We could feel the energy growing in Colorado Springs, so we figured it was a smart move. If you told teenage me that a gay bar would be voted best bar in Colorado Springs, I would have said you were crazy. We love, love, love it.
Persons: , John Wolfe, Josh Franklin, Josh, John, COVID, it's, It's, pushback Josh, I've, Josh Franklin Colorado, Coutesy, We're, I'm, we'll Organizations: Service, Broadway, Business, Brigham Young University, Mormon, Colorado Springs, Denver Locations: New York City, Colorado Springs, New York, West Virginia, Connecticut, Colorado, John, It's
If you're considering leaving your job, here's Dogen's best advice to follow in his footsteps. That he stayed only four months at the new gig is its own story — but it's also worth noting that by leaving so abruptly, he bucked a piece of his own advice: "Never quit your job," Dogen says. How you manage leaving your job is going to depend on your specific circumstances. If you're willing to do something similar, "more often than not, your employer will work with you — especially if you're a better than average employee," Dogen says. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: here's, Dogen, it's, He'd, I'm, there's Organizations: CNBC
That decision has afforded her financial freedom — she said she has enough savings to support herself in retirement until she's 110. What's more, she's avoided being sandwiched between caring for children and her parents. In her earlier life, Snyder married her late husband Phil in 1986, and they bought a small ranch in Beaverton, Oregon, where she still lives. While the environment — not money — was the reason she didn't have children, Snyder said it allowed her and Phil more breathing room in their financial and social decisions. AdvertisementAre you sandwiched between caring for your parents and raising your children?
Persons: , Ann Snyder, Snyder, she's, Phil, that's Organizations: Service, Pew Research, Business, Oregon Ballet Theater, University of Iowa, Oregon Department of Transportation, Portland Public Schools, Oregon Department of Human Services, Pew Research Center Locations: American, Beaverton , Oregon, Mount Hood, Ohio, Oregon, Portland
1 way to save money on your wedding is to cut the guest count," Shane McMurray, CEO and co-founder of The Wedding Report, recently told CNBC. "What we saw was that the pandemic gave people permission to have a tiny wedding," Miller said. In 2023, the average guest list was 134, The Wedding Report found. Here are ways experts suggest reducing your wedding guest list without cutting ties with family and friends in the process:1. Choosing a more intimate venue with a smaller capacity can help you maintain a solid guest list limit, experts say.
Persons: Victor Dyomin, Shane McMurray, Lauren Miller, Miller, Jessica Bishop, that's, Shannon Tarrant, Tarrant, Bishop, We're, Shannon Underwood, Underwood Organizations: CNBC, Washington , D.C, Finance, Wedding Merchants Business Academy Locations: Washington ,, Baltimore , Maryland, Florida, Orlando , Florida
Insider Today: The new Ozempic
  + stars: | 2024-08-03 | by ( Jordan Parker Erb | ) www.businessinsider.com   time to read: +6 min
I'm Jordan Parker Erb, filling in for Joi-Marie McKenzie today. On the agenda:This story is available exclusively to Business Insider subscribers. Also read:Getty Images; Jenny Chang-Rodriguez/BIThe new OzempicYou've heard about Ozempic and Botox, treatments that have become staples of elite wellness and beauty routines. AdvertisementMore of this week's top reads:The Insider Today team: Jordan Parker Erb, editor, in New York. Dan DeFrancesco, deputy editor and anchor, in New York City.
Persons: , I'm Jordan Parker Erb, Marie McKenzie, Jaime Stathis, She'd, It's, it's, Insider's Aki Ito, who've, Trois Rois, Napoleon Bonaparte, winder, Bentley, Chance Yeh, Getty, Hector Vivas, Tyler Le, Read, Jenny Chang, Rodriguez, You've, Elizabeth Taylor, Rebecca Zisser, Max, Olivia Rodrigo, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan, Amanda Yen Organizations: Service, Joi, Emirates, Business, Grand, Michelin, Miss, Miss USA, Miss Teen USA, BI, Getty, Elizabeth Taylor Estate, HBO, Disney Plus, Hulu, Eagles, Reebok, Apple Locations: Dubai, Cavan, Northern California, Grass, Sacramento, Big, California, Austin, Basel, Switzerland, Miss USA, New York, New York City
There's a joke in Norway that people move here for two reasons: a job or love. I'm much happier in Norway. Better work-life balanceIn Norway, there's a big departure from the work-centric mentality that I'm used to in the U.S. Free time, family time and personal well-being are prioritized. For me, I think I'm still a bit governed by my American roots when it comes to work-life balance. Happiness in Norway is often less about feeling constant joy and more about taking care of myself and others.
Persons: I'm, I've, Gabriella Mikiewicz, it'll, it's Organizations: Intercultural Relations, U.S ., fireside Locations: Norway, Europe, U.S, Oslo, Lofoten, Gabriella Mikiewicz Norway, Chicago, there's, it's, Loen, panicking, Rjukan
At 23, Denae McGaha had a choice: She could spend her entire savings moving to New York City, or she could take a teaching job halfway across the world. Within weeks of submitting her application, McGaha landed a job teaching English to kindergarteners. In August 2017, she quit her barista gig and moved to Budapest. Landing a remote job abroadMcGaha's teaching contract included a furnished one-bedroom apartment in Budapest, with a monthly stipend to help cover rent and utilities. In 2021, she was hired as a remote digital marketing strategist at Consumer51, a marketing agency based in Philadelphia.
Persons: Denae McGaha, McGaha, I'd, she's, , hasn't, Ridhwan Rafi Organizations: LinkedIn Locations: New York City, Europe, Whidbey, Washington, New York, Budapest, Hungary, Covid, Budapest's 5th, Instagram, Philadelphia, U.S, Seattle
After the NABJ appearance, Trump posted on social media, "Crazy Kamala is saying she’s Indian, not Black. Trump also said during that election cycle that he didn't believe Clinton had "the look" to be president. 'Dumb as a rock'The day after Biden threw his support behind Harris, Trump put up a social media post calling her "Dumb as a Rock." Trump pushes baseless birther claimsOn Thursday, Trump shared a post by far right-activist Laura Loomer that said Harris is "NOT black and never has been." The people in the background know it, the people who know her know it, and she’s like an unbalanced person.”
Persons: Joe Biden, Kamala Harris, Donald Trump, Harris, She'd, Trump, Biden, It's, , she's, , Kamala, Laura Ingraham, Hillary Clinton, Hillary’s, She’s, she’s, didn't, Clinton, Nikki Haley, Laura Loomer, Loomer, Harris wasn't, Haley, Sen, Ted Cruz, Barack Obama, mispronounce Harris, ” Trump, , you’ve Organizations: Trump, Democratic, National Association of Black Journalists, Howard University, Alpha Kappa Alpha, Fox News, NBC, South Carolina Gov Locations: American, Harris, Chicago, Indian American, Tennessee, U.S, California, Texas
Morgan Stanley on Friday told its army of financial advisors that it will soon allow them to offer bitcoin ETFs to some clients, a first among major Wall Street banks, CNBC has learned. The firm's 15,000 or so financial advisors can solicit eligible clients to purchase shares of two exchange-traded bitcoin funds starting Wednesday, according to people with knowledge of the policy. Those funds are BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund, the people said. The move from Morgan Stanley, one of the world's largest wealth management firms, is the latest sign of the adoption of bitcoin by mainstream finance. In January, the U.S. Securities and Exchange Commission approved applications for 11 spot bitcoin ETFs, heralding the arrival of an investment vehicle for bitcoin that is easier to access, cheaper to own and more readily traded.
Persons: Morgan Stanley, Fidelity's, Jamie Dimon, Warren Buffett, it's, Goldman Sachs, Wells, spokespeople Organizations: CNBC, Bitcoin, U.S . Securities, Exchange Commission, JPMorgan Chase, Berkshire Hathaway, JPMorgan, Bank of America
U.S. Vice President Kamala Harris and second gentleman Douglas Emhoff descend from Air Force Two in Wilmington, DE, U.S., July 22, 2024. Vice President Kamala Harris' personal financial records are under fresh scrutiny now that she is running for the highest office in the United States. Experts say recent tax filings show she and her husband, Second Gentleman Douglas Emhoff, have largely kept their finances simple during her years as vice president. Yet that approach may have cost the couple as they left unclaimed tax savings through additional deductions, as well as other missed financial strategies. Harris' office did not respond to a request for comment by press time.
Persons: Kamala Harris, Douglas Emhoff, Second, Craig Hausz, Harris, Emhoff, Medicare Harris, doesn't, she'll, Carolyn McClanahan, McClanahan, Catherine Valega, Valega Organizations: Air Force, CMH Advisors, Finance, Social Security, Medicare, Planning Partners, CNBC FA, Green Bee Locations: Wilmington , DE, United States, Dallas, Jacksonville , Florida, Boston
Read previewIn May, Ryan Salame was sentenced to 7½ years in prison for his role in Sam Bankman-Fried's multi-billion-dollar cryptocurrency fraud. In May, US District Judge Lewis Kaplan — who also oversaw Bankman-Fried's trial — sentenced Salame to 7.5 years in prison, higher than what prosecutors recommended. AdvertisementSalame says without evidence that a key witness in Bankman-Fried's trial liedSalame pleaded guilty to charges against him in September, shortly before the start of Bankman-Fried's criminal trial in Manhattan. At the trial, Singh said he initially cared about the political donations, but later just did whatever Salame told him to. In social media posts, Salame said Singh wasn't being truthful about his role in the use of FTX customer funds.
Persons: , Ryan Salame, Sam Bankman, Salame, Fried, SBF, Trump, Donald Trump, RyAN, Lewis Kaplan —, Kaplan, ANGELA WEISS, weren't, German Shepherd, Caroline Ellison, Gary Wang, Nashad Singh —, Wang, Singh, Ellison hasn't, Salame didn't, didn't, Nishad Singh, FTX, Ellison, Singh wasn't, Nishad, I've, Guy, hasn't, he's, Joe Biden, Bitcoin, Gary Gensler, Biden, Kamala Harris Organizations: Service, Business, Alameda Research, US Bureau of Prisons, US, Mega, FTX, Circle Trade, CPA, HK, Republican Party, Twitter, Alamada Research, Prosecutors, Getty, FTX's, Office, Southern, of, Bankman, Republican, Alameda, SEC, Trump Card Locations: Bankman, FTX, Alameda, Bahamas, America, Nashville, Manhattan, Washington ,, United States, German, of New York, York
Homeowners on tracker mortgages, which follow the Bank's base rate, will be the first to benefit from the savings. Barclays , Santander, Metro Bank, Lloyds , Halifax, Nationwide and HSBC all cut repayments costs by 25 basis points shortly after the BOE's announcement. Those on standard variable rates, which typically take effect once a borrower's tracker or fixed rate deal ends, will also see savings. Given their more volatile nature, tracker and SVR mortgages remain a relatively niche part of the U.K. mortgage market. However, analysts suggest it may not be long until reductions feed through to the 6.93 million households on fixed rate mortgages.
Organizations: Bank of England, HSBC, Santander, Nationwide, Homeowners, Barclays, Metro Bank, Lloyds, Finance Locations: London's Muswell Hill, London, Halifax, Santander
Before Simone Biles jumped on the balance beam in Paris' Bercy Arena on Tuesday, she appeared to whisper: "You got this. Biles and Team USA went on to win gold in the women's gymnastics team all-around final. Plus, talking to yourself in the third-person — like Biles telling herself, "You got this" — can actually decrease stress and improve your performance, research shows. "If a friend comes to you with a problem, do you tell them, 'No way, you're going to suck. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Simone Biles, Biles, Ethan Kross, Kross Organizations: Bercy, CNBC, Team USA, University of Michigan, University of Pennsylvania, Columbia University Locations: Paris
"When they don't see a financial institution or a bank, [they] tend to say, 'There's no avenue for me this way. Of 18- to 29-year-olds, 11% are living without a bank account, compared to 9% of 30- to 44-year-olds, 5% of 45- to 59-year-olds and 2% of people 60 and older, according to the Federal Reserve. People without bank accounts might also turn to check cashing services or consider payday loans, especially if they're the only brick-and-mortar financial services in their neighborhood. The Community Financial Services Association of America, which represents payday lenders, did not respond to a request for comment. "They're going out into the community, they're promoting their services into the community, they're creating programs specifically for the community," he said.
Persons: Sean Gladwell, Wole Coaxum, Joe Lugo, Lugo, that's, Darrin Williams, Williams, Harris, Winnie Sun, It's, Sun, Preston Duppins, Duppins, They're Organizations: Federal Reserve, Southern Bancorp, Inc, Finance, Sun, Wealth Partners, CNBC, Federal Deposit Insurance Corp, Federal Deposit Insurance Corporation, American Fintech Council, Wealth Management, Community Financial Services Association of America, Chamber, Commerce Locations: Clearwater , Florida, U.S, Irvine , California, Florida, Lugo, Pinellas County
While in rehab, Jenna would often call her mother and ask her to pay for those who couldn’t afford to stay. Jenna’s Promise provides housing, therapy, workforce development, and a strong community to help women stay sober. Jenna’s Promise also owns a coffee roasting company, a café, and a general goods store. And then you go right back into the environment that you just left two weeks ago.”Coming to Jenna’s Promise was different. A big part of that was working at the Jenna’s Promise café, where she was promoted to assistant manager.
Persons: Johnson, Jenna Rae, , Dawn Tatro, Jenna Rae Tatro —, Tatro, Jenna, , aren’t, ’ ” Tatro, , , Greg, ” Tatro, Dawn Tatro — Meg Dunn, CNN Tatro, They’re, Britain Davignon, ” Davignon, Davignon, I’ve, we’ve Organizations: Vermont CNN, ” CNN, CNN, Tatro Locations: Vermont, Johnson , Vermont, Britain
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I switched careers 3 years agoAbout three years ago I changed careers, and that came with an incredible pay raise. I was laid off after a year but found a new jobI learned a lot about money the hard way. But, I was laid off from that first tech job after about a year. I was laid off againThe next layoff took about six months, and the severance wasn't nearly as cushy.
Persons: , crouch, hadn't, Dom Perignon, I'm, I'd, wasn't Organizations: Service, Business Locations: Los Angeles, Chicago
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin swings amid broad sell-off driven by slowing U.S. job growth: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, CNBC Crypto World takes a deep dive into the integration of two popular technologies: blockchain and artificial intelligence.
Persons: explainers Organizations: CNBC Crypto, CNBC
Whenever billionaire philanthropist Melinda French Gates contemplates a tough decision, she seeks input from her three closest friends of more than 30 years. "If you're in town, you walk," French Gates said. For example, the trio of friends was the first to know when French Gates began to consider ending her marriage to Bill Gates after 27 years, she said — and they offered her unanimous support. French Gates learned the importance of quality over quantity in friendships early in life, she said. "You might realize that you have plenty of people you have fun with, but no one to confide in," Schulz and Waldinger wrote.
Persons: Melinda French Gates, Oprah Winfrey, Gayle King, Gates, French Gates, Bill Gates, , There's, Marc Schulz, Robert Waldinger, Schulz, Waldinger, " Schulz, It's Organizations: Research, Harvard University, CNBC Locations: French
Best Credit Cards for Excellent Credit of August 2024Compare the Top Credit Cards for Excellent CreditBest mid-tier travel card Chase Sapphire Preferred® Card Apply now lock icon An icon in the shape of lock. Best Credit Cards for Excellent Credit ReviewsConsumers with excellent credit have a lot of options when it comes to credit cards. The Bank of America® Premium Rewards® credit card isn't flashy, but it offers unique long-term value for those who prefer cash back credit card rewards and have a broader banking relationship with Bank of America. The Capital One Venture X Rewards Credit Card is Capital One's entry into the premium credit card market. Credit Cards for Excellent Credit Frequently Asked QuestionsWhat is the best credit card to get with an 800 credit score?
Persons: Read, Merrill, Miles you've, Miles you’ve, Miles, There’s, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Chase, Cardholders, cardholders, you've, you'll, You'll, It's, Peter Rothbart, he's, Peter, Angela Fung Organizations: FICO's, Chase Travel, Chase, Sapphire, Hotel, FDIC, Bank of America, Bank of America's, of America, Bank of America Travel Center, TSA, Travel Insurance, Discover's, Discover . Discover, Capital, One, Premier, Express, American Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, American, Walmart, Global, Saks Fifth, Saks Fifth Avenue, Business, Finance, TSA PreCheck, PreCheck, Resorts Locations: Hulu, Wells, Seattle , Washington, Vegas, Pacific
Read previewThis as-told-to essay is based on a conversation with Eleni Trapp, a 26-year-old UX designer from Florida who left her corporate job to freelance. Now, I'm a freelance UX designer who gets to write my own rules. As a UX designer, my job would be to transition their brick-and-mortar business into the digital landscape. I knew I wouldn't be happy settling into another corporate job so I decided to take a chance on freelancing. AdvertisementI'm building a space to channel my feminine rageAs I continue to freelance, I'm also building a business I'm endlessly passionate about.
Persons: , Eleni Trapp, It's, I'm, hadn't, I'd, wasn't, I've, Trapp, Tess Martinelli Organizations: Service, Business, LinkedIn Locations: Florida, tmartinelli@insider.com
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